You don't have to wait for a record company to tell you that you're good or to sign you. You can put your music out on itunes, youtube, soundcloud, so it's kind of a plus, I think.
Those that much covet are with gain so fond, For what they have not, that which they possess They scatter and unloose it from their bond, And so, by hoping more, they have but less; Or, gaining more, the profit of excess Is but to surfeit, and such griefs sustain, That they prove bankrupt in this poor-rich gain.